It seems in the US, it's used as punishment for making money.
How is it so?
When high income taxes in US were being introduced around Great Depression era, it was indeed argued by politicians that some fortunes are estates are so large to be immoral. However, after Reagan cuts, taxes in the US have been pretty low, and it is hard for me to grasp how one could see them as a punishment.
How is it so?
When high income taxes in US were being introduced around Great Depression era, it was indeed argued by politicians that some fortunes are estates are so large to be immoral. However, after Reagan cuts, taxes in the US have been pretty low, and it is hard for me to grasp how one could see them as a punishment.